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mohideen (sales engineer)     02 May 2017

Property sale

i want to sell my residential plot (EmptyLand) for my son's college fees. Property value is 8 Lakhs and the collage fees is 12 Lakhs. How much i need to pay IT in this case.


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 2 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     02 May 2017

No need to pay any tax. Please approach I.T. consultant. or approach me. 

G.L.N. Prasad (Retired employee.)     03 May 2017

Explore Bank loan option and let your son repay the loan taken for his necessities through his own earnings.


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